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Al-Tijari Organizes 'Corporate Governance' Course for New Employees

Al-Tijari Organizes 'Corporate Governance' Course for New Employees
Qiyas summary

Al-Tijari Al-Arabi Real Estate Company organized a training course on corporate governance for new employees to enhance compliance and international standards.

Translated by Qiyas from الجريدة — Original source

Kuwait Commercial Real Estate Company organized a training session for new employees at its headquarters, titled “Corporate Governance and Its Applications in the Company.” The session was held in line with the company’s commitment to strengthening a culture of governance and entrenching principles of transparency, integrity, and accountability among employees, in accordance with the directives of the Capital Markets Authority, enhancing the work environment, and improving institutional performance efficiency.

The session, delivered by Mansour Kamal, Director of Governance and Compliance, covered several key topics related to corporate governance rules. It began with an introductory overview of the concept of governance and its importance, followed by a review of governance regulations outlined in Chapter Fifteen of the Executive Regulations of the Capital Markets Authority. The session also highlighted major developments and practices in governance at both local and international levels, as well as their applications within Kuwait Commercial Real Estate Company. The session witnessed extensive participation from attendees and aimed to deepen their understanding of governance requirements and their practical applications.

Engineer Abdulmajeed Ma’arfi, Chief Executive Officer of Kuwait Commercial Real Estate Company, stated that the session reflects the company’s dedication to developing its workforce and enhancing their awareness of governance and compliance principles, ensuring their effective integration into the work environment and a clear understanding of their assigned roles and responsibilities.

Ma’arfi further clarified that the company’s acquisition of ISO 37000 certification from the International Organization for Standardization, which pertains to principles of sound corporate governance, underscores its firm commitment to implementing best practices and standards in this field. This certification supports the company’s strategy to enhance its competitive standing locally and regionally, strengthens its capacity to achieve sustainable long-term growth, and boosts the confidence of shareholders, investors, and stakeholders.

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